951 Sareta St SE · Palm Bay, FL 32909

$340,000

3 bd · 2.0 ba · 1,957 sqft · SingleFamily public records · 12 Days on market

Built 2023 10,019 sqft lot

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Cash flow +6.1/30.0
• Schools +4.7/10.0
• Livability +3.6/5.0
• Rent growth +3.4/5.0
• Condition / age +2.5/5.0
• 1% rule +1.3/10.0
• DSCR +0.5/10.0

Listing remarks MLS

PRICE REDUCTION, MOTIVATED SELLER! Experience modern Florida living in this brand-new 2023 construction, energy-efficient 3BR/2BA home with HUGE BONUS ROOM in a quiet, desirable area of Palm Bay. This high-quality build offers quartz countertops, luxury tile plank flooring, 42'' hardwood cabinets, LED lighting, and one of the best price-per-square-foot values in Palm Bay. Enjoy an open floor plan with 9'4'' ceilings, a tray ceiling in the master, Energy Star stainless appliances, a 15-16 SEER AC, hybrid water heater, Low-E double-pane windows, and spray foam insulation in exterior walls and the attic for exceptional efficiency and sound reduction. Additional features include a covered lanai, irrigation system, and rain gutters. The elevated lot offers great curb appeal, and the backyard features mature mango and coconut trees for a true tropical touch. Style, efficiency, and value come together in this beautiful home!

Key facts

• Quartz countertops
• Hardwood cabinets
• Led lighting

Tags

• BONUS ROOM
• ENERGY EFFICIENT
• QUARTZ COUNTERTOPS
• LUXURY TILE PLANK FLOORING
• HARDWOOD CABINETS
• LED LIGHTING

Property features AI

Exterior

• Parking: 2-car garage with garage door opener
• Security: Carbon monoxide detector(s); Smoke detector(s); Closed circuit camera(s)
• Utilities: Aerobic septic system; Cable connected; Electricity connected; Water connected
• Home design: Single family residence; Faces southeast
• Construction: Block and stucco construction
• Exterior features: Few trees on the lot; City street frontage; Asphalt road surface; No private pool; Security: carbon monoxide detector(s), smoke detector(s), closed circuit camera(s)

Interior

• Kitchen: Disposal; ENERGY STAR qualified refrigerator; ENERGY STAR qualified water heater
• Bedrooms: 3 bedrooms (all on the main level)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: 7 total rooms; Bonus room; Living room
• Laundry & utility: ENERGY STAR qualified washer; ENERGY STAR qualified dryer

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $340k.

Deal economics

• At list price, monthly cash flow is $-628 ($-8k/yr) — negative.
• To cash-flow at today's rent, offer at most $229k (32.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $216k (36.5% below list).
• Recommended offer: $216k (36.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 72/100 on livability (#366 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D+, amenities F, health & safety D-.
• Brevard (suburban): math 53% / reading 57% proficiency, ranked #19 of 73 in FL (top 26%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Columbia Elementary School (math 52% / reading 47%, grade D, #1,088 of 2,144 statewide, top 53%, 506 students, 68% FRL); Southwest Middle School (math 40% / reading 39%, grade F, #373 of 571 statewide, top 66%, 920 students, 58% FRL); Bayside High School (math 27% / reading 40%, grade F, #400 of 667 statewide, top 61%, 1,854 students, 51% FRL) — zoned schools average 59% FRL vs 43% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 41% at this address vs 55% district-wide (-14 pts) — the specific schools serving this property underperform the Brevard average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+3.7%/yr); 1123 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 4,602 units permitted in Brevard County in 2024 (702 in 5+ unit buildings).
• This rent runs 32% of the median local income ($80k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $36k of equity ($2k loan paydown + $34k appreciation (10.0% local appreciation)).
• Brevard County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• By year 2, paydown + projected appreciation supports a ~$58k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $215,891 (36.5% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.63% ✗
• Cap rate: 4.08%
• Cash-on-cash: -7.92%
• DSCR: 0.65
• GRM: 13.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.67% rent growth · sell at horizon

5-year hold

• IRR: 18.9%
• Equity multiple: 2.54×
• Total profit: $146,651
• Equity at exit: $306,299

10-year hold

• IRR: 17.6%
• Equity multiple: 5.90×
• Total profit: $466,428
• Equity at exit: $660,545

Cash invested: $95,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32909

• Home prices YoY: 6.0%
• Rents YoY: 3.7%
• Active inventory: 1123
• Price-to-rent: 13.1×

Monthly cashflow live

• Estimated rent: $2,159 high
• Mortgage (P&I): −$1,783
• Tax from tax record: −$409 /mo · $4,909/yr
• Insurance: −$142
• HOA: −$0
• Vacancy / Maint / Mgmt: −$453
• Net cashflow: $-628

Break-even live

Break-even rent $2,954

Max offer price $229,028

Occupancy floor —

Sensitivity live

Price	-10% $-436	-5% $-532	+0% $-628	+5% $-724	+10% $-821
Rent	-10% $-799	-5% $-713	+0% $-628	+5% $-543	+10% $-458
Rate	-1.0pp $-457	-0.5pp $-542	base $-628	+0.5pp $-716	+1.0pp $-806

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $85,000
• Closing costs: $10,200
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
978 Remington Green Dr SE Palm Bay, FL	4.0	2.0	1830	$2,200	$1.20	25d	1	0.57mi
1150 Tiger St SE Palm Bay, FL	3.0	2.0	1690	$1,950	$1.15	16d	1	0.59mi
1068 Saint Johns St SE Palm Bay, FL	3.0	2.0	1332	$2,000	$1.50	25d	1	0.63mi
2250 Chinaberry Cir SE Palm Bay, FL	3.0	2.0	1669	$1,995	$1.20	25d	1	0.64mi
2036 Walsh Ave SE Palm Bay, FL	3.0	2.0	1331	$1,930	$1.45	25d	1	0.69mi
2910 Emerson Dr SE Palm Bay, FL	3.0	2.0	1700	$1,950	$1.15	16d	1	0.75mi
1517 Wacker Ave SE Palm Bay, FL	4.0	2.0	1775	$2,200	$1.24	25d	1	0.83mi
1150 Raoul St SE Palm Bay, FL	4.0	2.0	1787	$2,300	$1.29	25d	1	0.90mi
818 Seven Gables Cir SE Palm Bay, FL	3.0	2.0	1490	$1,795	$1.20	25d	1	1.05mi
822 Seven Gables Cir SE Palm Bay, FL	3.0	2.0	1474	$1,835	$1.24	25d	1	1.06mi
402 Breckenridge Cir SE Palm Bay, FL	3.0	2.0	1960	$2,200	$1.12	25d	1	1.17mi
1165 Rabbit St SE Palm Bay, FL	3.0	2.0	1994	$1,895	$0.95	21d	1	1.19mi
830 Painesville St SE Palm Bay, FL	3.0	2.0	2029	$2,220	$1.09	15d	1	1.19mi
1290 Sail Ct SE Palm Bay, FL	3.0	2.0	1509	$1,945	$1.29	25d	1	1.22mi
1454 Graves St SE Palm Bay, FL	3.0	2.0	1621	$2,100	$1.30	16d	1	1.28mi
1224 Dillard Dr SE Palm Bay, FL	3.0	2.0	1770	$2,336	$1.32	15d	1	1.29mi
590 Trymore Dr SE Palm Bay, FL	4.0	2.0	1873	$2,250	$1.20	16d	1	1.30mi
1224 Buffing Cir SE Palm Bay, FL	4.0	2.0	2233	$2,395	$1.07	16d	1	1.35mi
1530 Paley Cir SE Palm Bay, FL	4.0	2.0	1842	$2,095	$1.14	16d	1	1.39mi
1625 Waneta St SE Palm Bay, FL	3.0	2.0	1631	$2,100	$1.29	21d	1	1.42mi
2691 Tepee Ave SE Palm Bay, FL	4.0	2.0	1833	$2,040	$1.11	23d	1	1.42mi
1674 Waltz St SE Palm Bay, FL	3.0	2.0	1262	$1,831	$1.45	15d	1	1.46mi
1418 Paley Cir SE Palm Bay, FL	3.0	2.0	1260	$1,850	$1.47	25d	1	1.47mi
1406 Martinez St SE Palm Bay, FL	4.0	2.0	2083	$2,100	$1.01	25d	1	1.48mi
1416 Martinez St SE Palm Bay, FL	3.0	2.0	1747	$2,000	$1.14	16d	1	1.49mi

Listing history 30 events

1. 2026-06-22
   days on market $340,000 Active 12 DOM
2. 2026-06-18
   days on market $340,000 Active 9 DOM
3. 2026-06-17
   days on market $340,000 Active 8 DOM
4. 2026-06-16
   days on market $340,000 Active 7 DOM
5. 2026-06-15
   days on market $340,000 Active 6 DOM
6. 2026-06-14
   days on market $340,000 Active 4 DOM
7. 2026-06-10
   days on marketlisting id $340,000 Active 1 DOM
8. 2026-06-03
   days on market $340,000 Active 48 DOM
9. 2026-06-02
   days on market $340,000 Active 47 DOM
10. 2026-06-01
    days on market $340,000 Active 46 DOM
11. 2026-05-31
    days on market $340,000 Active 45 DOM
12. 2026-05-31
    days on market $340,000 Active 44 DOM
13. 2026-05-12
    price $340,000
14. 2026-04-28
    price $350,000
15. 2026-04-16
    listed $355,000 Active

    Show marketing remark (933 chars)

    PRICE REDUCTION, MOTIVATED SELLER! Experience modern Florida living in this brand-new 2023 construction, energy-efficient 3BR/2BA home with HUGE BONUS ROOM in a quiet, desirable area of Palm Bay. This high-quality build offers quartz countertops, luxury tile plank flooring, 42'' hardwood cabinets, LED lighting, and one of the best price-per-square-foot values in Palm Bay. Enjoy an open floor plan with 9'4'' ceilings, a tray ceiling in the master, Energy Star stainless appliances, a 15-16 SEER AC, hybrid water heater, Low-E double-pane windows, and spray foam insulation in exterior walls and the attic for exceptional efficiency and sound reduction. Additional features include a covered lanai, irrigation system, and rain gutters. The elevated lot offers great curb appeal, and the backyard features mature mango and coconut trees for a true tropical touch. Style, efficiency, and value come together in this beautiful home!

16. 2026-04-16
    historical 933-char remark

    Show marketing remark (933 chars)

    PRICE REDUCTION, MOTIVATED SELLER! Experience modern Florida living in this brand-new 2023 construction, energy-efficient 3BR/2BA home with HUGE BONUS ROOM in a quiet, desirable area of Palm Bay. This high-quality build offers quartz countertops, luxury tile plank flooring, 42'' hardwood cabinets, LED lighting, and one of the best price-per-square-foot values in Palm Bay. Enjoy an open floor plan with 9'4'' ceilings, a tray ceiling in the master, Energy Star stainless appliances, a 15-16 SEER AC, hybrid water heater, Low-E double-pane windows, and spray foam insulation in exterior walls and the attic for exceptional efficiency and sound reduction. Additional features include a covered lanai, irrigation system, and rain gutters. The elevated lot offers great curb appeal, and the backyard features mature mango and coconut trees for a true tropical touch. Style, efficiency, and value come together in this beautiful home!

17. 2026-03-20
    price $365,000 933-char remark

    Show marketing remark (933 chars)

    PRICE REDUCTION, MOTIVATED SELLER! Experience modern Florida living in this brand-new 2023 construction, energy-efficient 3BR/2BA home with HUGE BONUS ROOM in a quiet, desirable area of Palm Bay. This high-quality build offers quartz countertops, luxury tile plank flooring, 42'' hardwood cabinets, LED lighting, and one of the best price-per-square-foot values in Palm Bay. Enjoy an open floor plan with 9'4'' ceilings, a tray ceiling in the master, Energy Star stainless appliances, a 15-16 SEER AC, hybrid water heater, Low-E double-pane windows, and spray foam insulation in exterior walls and the attic for exceptional efficiency and sound reduction. Additional features include a covered lanai, irrigation system, and rain gutters. The elevated lot offers great curb appeal, and the backyard features mature mango and coconut trees for a true tropical touch. Style, efficiency, and value come together in this beautiful home!

18. 2026-02-17
    status Active 933-char remark

    Show marketing remark (933 chars)

    PRICE REDUCTION, MOTIVATED SELLER! Experience modern Florida living in this brand-new 2023 construction, energy-efficient 3BR/2BA home with HUGE BONUS ROOM in a quiet, desirable area of Palm Bay. This high-quality build offers quartz countertops, luxury tile plank flooring, 42'' hardwood cabinets, LED lighting, and one of the best price-per-square-foot values in Palm Bay. Enjoy an open floor plan with 9'4'' ceilings, a tray ceiling in the master, Energy Star stainless appliances, a 15-16 SEER AC, hybrid water heater, Low-E double-pane windows, and spray foam insulation in exterior walls and the attic for exceptional efficiency and sound reduction. Additional features include a covered lanai, irrigation system, and rain gutters. The elevated lot offers great curb appeal, and the backyard features mature mango and coconut trees for a true tropical touch. Style, efficiency, and value come together in this beautiful home!

19. 2026-02-17
    price $375,000 933-char remark

    Show marketing remark (933 chars)

    PRICE REDUCTION, MOTIVATED SELLER! Experience modern Florida living in this brand-new 2023 construction, energy-efficient 3BR/2BA home with HUGE BONUS ROOM in a quiet, desirable area of Palm Bay. This high-quality build offers quartz countertops, luxury tile plank flooring, 42'' hardwood cabinets, LED lighting, and one of the best price-per-square-foot values in Palm Bay. Enjoy an open floor plan with 9'4'' ceilings, a tray ceiling in the master, Energy Star stainless appliances, a 15-16 SEER AC, hybrid water heater, Low-E double-pane windows, and spray foam insulation in exterior walls and the attic for exceptional efficiency and sound reduction. Additional features include a covered lanai, irrigation system, and rain gutters. The elevated lot offers great curb appeal, and the backyard features mature mango and coconut trees for a true tropical touch. Style, efficiency, and value come together in this beautiful home!

20. 2026-02-15
    historical 933-char remark

    Show marketing remark (933 chars)

    PRICE REDUCTION, MOTIVATED SELLER! Experience modern Florida living in this brand-new 2023 construction, energy-efficient 3BR/2BA home with HUGE BONUS ROOM in a quiet, desirable area of Palm Bay. This high-quality build offers quartz countertops, luxury tile plank flooring, 42'' hardwood cabinets, LED lighting, and one of the best price-per-square-foot values in Palm Bay. Enjoy an open floor plan with 9'4'' ceilings, a tray ceiling in the master, Energy Star stainless appliances, a 15-16 SEER AC, hybrid water heater, Low-E double-pane windows, and spray foam insulation in exterior walls and the attic for exceptional efficiency and sound reduction. Additional features include a covered lanai, irrigation system, and rain gutters. The elevated lot offers great curb appeal, and the backyard features mature mango and coconut trees for a true tropical touch. Style, efficiency, and value come together in this beautiful home!

21. 2025-11-19
    listed $389,900 Active 933-char remark

    Show marketing remark (933 chars)

    PRICE REDUCTION, MOTIVATED SELLER! Experience modern Florida living in this brand-new 2023 construction, energy-efficient 3BR/2BA home with HUGE BONUS ROOM in a quiet, desirable area of Palm Bay. This high-quality build offers quartz countertops, luxury tile plank flooring, 42'' hardwood cabinets, LED lighting, and one of the best price-per-square-foot values in Palm Bay. Enjoy an open floor plan with 9'4'' ceilings, a tray ceiling in the master, Energy Star stainless appliances, a 15-16 SEER AC, hybrid water heater, Low-E double-pane windows, and spray foam insulation in exterior walls and the attic for exceptional efficiency and sound reduction. Additional features include a covered lanai, irrigation system, and rain gutters. The elevated lot offers great curb appeal, and the backyard features mature mango and coconut trees for a true tropical touch. Style, efficiency, and value come together in this beautiful home!

22. 2023-04-06
    soldstatus $367,000 Closed 776-char remark

    Show marketing remark (776 chars)

    $10K IN CLOSING COSTS INCENTIVE OFFERED if closed before the end of March. February Completion * Net zero ready home * No HOA, No CDD. This is high-quality, high-performance energy-efficient home. Included as standard upgrade features; Energy Star SS Appliances, top of line AC 15-16-Seer, Luxury tile plank flooring, Quartz countertops, LED lighting, 42'' hardwood cabinets, open floor plan with 9'4' ceilings with tray ceiling in the master, Hybrid Water Heater, Covered Lanai, Irrigation System, Rain Gutters, Low-E double pane energy-efficient windows, Spray foam insulation throughout the exterior walls and attic, that provides superior insulation as well as an excellent sound suppressant, and lastly, an * optional * solar system to provide a near-zero energy bill.

23. 2023-03-08
    status Pending 776-char remark

    Show marketing remark (776 chars)

    $10K IN CLOSING COSTS INCENTIVE OFFERED if closed before the end of March. February Completion * Net zero ready home * No HOA, No CDD. This is high-quality, high-performance energy-efficient home. Included as standard upgrade features; Energy Star SS Appliances, top of line AC 15-16-Seer, Luxury tile plank flooring, Quartz countertops, LED lighting, 42'' hardwood cabinets, open floor plan with 9'4' ceilings with tray ceiling in the master, Hybrid Water Heater, Covered Lanai, Irrigation System, Rain Gutters, Low-E double pane energy-efficient windows, Spray foam insulation throughout the exterior walls and attic, that provides superior insulation as well as an excellent sound suppressant, and lastly, an * optional * solar system to provide a near-zero energy bill.

24. 2023-02-01
    price $378,900 776-char remark

    Show marketing remark (776 chars)

    $10K IN CLOSING COSTS INCENTIVE OFFERED if closed before the end of March. February Completion * Net zero ready home * No HOA, No CDD. This is high-quality, high-performance energy-efficient home. Included as standard upgrade features; Energy Star SS Appliances, top of line AC 15-16-Seer, Luxury tile plank flooring, Quartz countertops, LED lighting, 42'' hardwood cabinets, open floor plan with 9'4' ceilings with tray ceiling in the master, Hybrid Water Heater, Covered Lanai, Irrigation System, Rain Gutters, Low-E double pane energy-efficient windows, Spray foam insulation throughout the exterior walls and attic, that provides superior insulation as well as an excellent sound suppressant, and lastly, an * optional * solar system to provide a near-zero energy bill.

25. 2023-01-04
    price $379,900 776-char remark

    Show marketing remark (776 chars)

    $10K IN CLOSING COSTS INCENTIVE OFFERED if closed before the end of March. February Completion * Net zero ready home * No HOA, No CDD. This is high-quality, high-performance energy-efficient home. Included as standard upgrade features; Energy Star SS Appliances, top of line AC 15-16-Seer, Luxury tile plank flooring, Quartz countertops, LED lighting, 42'' hardwood cabinets, open floor plan with 9'4' ceilings with tray ceiling in the master, Hybrid Water Heater, Covered Lanai, Irrigation System, Rain Gutters, Low-E double pane energy-efficient windows, Spray foam insulation throughout the exterior walls and attic, that provides superior insulation as well as an excellent sound suppressant, and lastly, an * optional * solar system to provide a near-zero energy bill.

26. 2022-12-08
    price $381,900 776-char remark

    Show marketing remark (776 chars)

    $10K IN CLOSING COSTS INCENTIVE OFFERED if closed before the end of March. February Completion * Net zero ready home * No HOA, No CDD. This is high-quality, high-performance energy-efficient home. Included as standard upgrade features; Energy Star SS Appliances, top of line AC 15-16-Seer, Luxury tile plank flooring, Quartz countertops, LED lighting, 42'' hardwood cabinets, open floor plan with 9'4' ceilings with tray ceiling in the master, Hybrid Water Heater, Covered Lanai, Irrigation System, Rain Gutters, Low-E double pane energy-efficient windows, Spray foam insulation throughout the exterior walls and attic, that provides superior insulation as well as an excellent sound suppressant, and lastly, an * optional * solar system to provide a near-zero energy bill.

27. 2022-11-16
    price $382,900 776-char remark

    Show marketing remark (776 chars)

    $10K IN CLOSING COSTS INCENTIVE OFFERED if closed before the end of March. February Completion * Net zero ready home * No HOA, No CDD. This is high-quality, high-performance energy-efficient home. Included as standard upgrade features; Energy Star SS Appliances, top of line AC 15-16-Seer, Luxury tile plank flooring, Quartz countertops, LED lighting, 42'' hardwood cabinets, open floor plan with 9'4' ceilings with tray ceiling in the master, Hybrid Water Heater, Covered Lanai, Irrigation System, Rain Gutters, Low-E double pane energy-efficient windows, Spray foam insulation throughout the exterior walls and attic, that provides superior insulation as well as an excellent sound suppressant, and lastly, an * optional * solar system to provide a near-zero energy bill.

28. 2022-10-06
    listed $389,900 Active 776-char remark

    Show marketing remark (776 chars)

    $10K IN CLOSING COSTS INCENTIVE OFFERED if closed before the end of March. February Completion * Net zero ready home * No HOA, No CDD. This is high-quality, high-performance energy-efficient home. Included as standard upgrade features; Energy Star SS Appliances, top of line AC 15-16-Seer, Luxury tile plank flooring, Quartz countertops, LED lighting, 42'' hardwood cabinets, open floor plan with 9'4' ceilings with tray ceiling in the master, Hybrid Water Heater, Covered Lanai, Irrigation System, Rain Gutters, Low-E double pane energy-efficient windows, Spray foam insulation throughout the exterior walls and attic, that provides superior insulation as well as an excellent sound suppressant, and lastly, an * optional * solar system to provide a near-zero energy bill.

29. 2021-10-15
    soldstatus $1,739,600
30. 2020-12-28
    soldstatus $30,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $4,909 · $409/mo
• Projected year-2 tax: $4,909 · $409/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 23 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,907
• − Mortgage interest: −$19,045
• − Property taxes: −$4,909
• − Insurance: −$1,700
• − Repairs & maintenance: −$2,073
• − Management: −$2,073
• − Depreciation: −$9,891
• Taxable loss: −$13,783
• Est. tax savings @ 24.0%: +$3,308
• After-tax cash flow: $-4,230/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Brevard
• NCES district ID: 1200150
• Math proficiency: 53% ▼ -9.00%
• Reading proficiency: 57% ▼ -4.00%
• Median HH income: $49,426
• Composite: 46.86/100
• National rank: #2370
• State rank: #19 of 73 in FL

Livability — Palm Bay

• Score: 72/100
• State rank: #366
• US rank: #6458

Category grades

Amenities F Commute C+ Cost of living A+ Crime C+ Employment D+ Housing A+ Health & safety D- User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Palm Bay, FL
• County: Brevard County · 602,871 people
• City population: 132,211
• Metro: Palm Bay-Melbourne-Titusville, FL
• Population (ZIP): 41,804
• Household income: $79,977
• Rent vs Own: 17.3% rent · 82.7% own
• Severe rent burden: 697.0

Population outlook (Brevard County) Hauer SSP2

• Today (2025): 623,254 people
• By 2030: 648,420 · +4.0%
• By 2040: 690,009 · +10.7%
• By 2050: 715,669 · +14.8%
• By 2075: 775,744 · +24.5%
• By 2100: 776,687 · +24.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.70)
• Race & ethnicity: White 46% Black 21% Hispanic / Latino 20% Two or more races 16% Asian 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 8% Cuban 5%
• Common ancestry: Hispanic 3% Slovak 2% Lithuanian 2%
• Foreign-born: 17% · Canada, China, Jamaica
• Languages at home: 84% English-only · Spanish 9% French/Haitian/Cajun 4% Chinese 1%

Political lean MEDSL · Brevard

• 2024 margin: Strong R (+20.8) · D 39.1% · R 59.9% · Other 1.0%
• 2008→2024 swing: -10.4pp toward R · 2008: -10.4pp · 2024: -20.8pp
• All cycles: 2024: R+20.8 2020: R+16.4 2016: R+19.8 2012: R+12.7 2008: R+10.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 18.81%
• Current HPI: 330.8595
• Rent YoY: ▲ 3.67%
• Metro: Palm Bay-Melbourne-Titusville, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+1033.3% since first listed

18 events — show timeline

• 2026-05-12 Price Changed $340,000 SCMLS
• 2026-04-28 Price Changed $350,000 SCMLS
• 2026-04-16 Listing Removed — SCMLS
• 2026-04-16 Listed $355,000 SCMLS
• 2026-03-20 Price Changed $365,000 SCMLS
• 2026-02-17 Relisted — SCMLS
• 2026-02-17 Price Changed $375,000 SCMLS
• 2026-02-15 Listing Removed — SCMLS
• 2025-11-19 Listed $389,900 SCMLS
• 2023-04-06 Sold (MLS) $367,000 SCMLS
• 2023-03-08 Pending — SCMLS
• 2023-02-01 Price Changed $378,900 SCMLS
• 2023-01-04 Price Changed $379,900 SCMLS
• 2022-12-08 Price Changed $381,900 SCMLS
• 2022-11-16 Price Changed $382,900 SCMLS
• 2022-10-06 Listed $389,900 SCMLS
• 2021-10-15 Sold (Public Records) $1,739,600 Public Records
• 2020-12-28 Sold (Public Records) $30,000 Public Records

Property tax history

+42.2%/yr

Latest (2025): $4,909 · -14.2% YoY. Source: county tax records.